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EMPIRT 207 FEDERAL CREDIT UNION

Mar, 31, 2021 — EMPIRT 207 FEDERAL CREDIT UNION is a federal credit union headquartered in new york, NY with 1 branch location and about $4.31 million in total assets. Opened 85 years ago in 1936, EMPIRT 207 FEDERAL CREDIT UNION has about 840 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EMPIRT 207 FEDERAL CREDIT UNION
Address:
(Main Office)
3961 10th Ave, Rm. 234
new york, NY 10034
Phone:(212) 942-5750
Fax:(212) 569-8448
Website:n/a
Branches:1 branch locations
Members:840
Credit Union Type:Federal Credit Union
Charter Number:1343
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1936
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$4,306,610
CEO/Manager:Stephen Mangano
Chairperson:Louis Russo

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,441,384
TOTAL INVESTMENTS 1,012,104
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,843,108
 Other Loans 39,962
 TOTAL LOANS 1,883,070
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -82,064
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 31,437
 All Other Assets 20,679
  TOTAL ASSETS 4,306,610
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 434
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,055,613
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,055,613
  TOTAL LIABILITIES 3,056,047
 Regular Reserve 162,674
 Other Reserves 0
 Undivided Earnings 1,087,889
  TOTAL EQUITY 1,250,563
  TOTAL LIABILITIES, SHARES, & EQUITY 4,306,610
INCOME & EXPENSE  
 Loan Income 48,676
 Investment Income 1,238
 Other Income 3,714
 Total Employee Compensation & Benefits 38,858
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,049
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,500
 Cost of Funds 753
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 468
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